Amazon Web Services’ business-apps team talks a lot about how to catch Microsoft, a person told Insider. AWS leads in cloud infrastructure but Microsoft dominates the market for business productivity apps. It has discussed forming a “Rebel Alliance” with other software makers to compete with Microsoft. See more stories on Insider’s business page. Amazon is … Read more
Another spat between India’s government and U.S. big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to the extent some are rethinking expansion plans, people close to the matter said. The government on Saturday said Twitter Inc had not indicated compliance with new rules aimed … Read more
Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more
Warren Buffett potentially missed out on Microsoft’s IPO because of Liberty Media’s John Malone. Malone told the investor that he wouldn’t buy the software stock due to competitive threats. The media mogul later said he’d be “bigger than Warren Buffett” if he spun off fewer companies. See more stories on Insider’s business page. Warren Buffett … Read more
It was signed by Google, Facebook, Twitter, Microsoft and in June 2020 by TikTok, as well as players in the advertising sector. The EU on Wednesday tasked tech giants such as Facebook, YouTube and TikTok to do more against disinformation and provide much better access to their algorithms as well as beef up fact-checking. The … Read more
The company has the money to spend, ending its 2020 fiscal year with $136 billion cash on hand after the pandemic forced a shift to remote work and led to a boom in Microsoft’s cloud and productivity software. Experts say that with its surging market cap of near $2 trillion – and its leading rivals … Read more
Microsoft is said to be in exclusive talks to acquire online group chat platform Discord for $10 billion or more, in a deal that could be announced as soon as April. The company has yet to confirm a pending deal, but recent comments from executives help shed light on why exactly Microsoft might want to … Read more
Microsoft Corp. chief executive officer Satya Nadella has highlighted the need to “foundationally transform” how cloud technologies can drive the next level of economic growth, as the world witnesses a second wave of digital transformation. “The true test of technology has always been whether organizations can improve their time to value, increase agility, and reduce … Read more
For billions of people around the world, Microsoft Office and Google Docs are the default apps for writing documents. But they are ready to be challenged as people working from home reach for better tools for collaboration, believes Shishir Mehrotra, founder and CEO of Coda. Mehrotra worked for both Google and Microsoft before starting Coda, … Read more